A million acres of agricultural land in Argentina for sale

Estancia Punta del Agua, the largest ever block of freehold land to come onto the market in Argentina is being sold by a London based agent.

The estate in San Juan province in the north west of the country is currently owned by a family company and is described as having enormous potential for agricultural or eco power possibilities.

It is vast, almost a million acres, and is located on the National Route 150, connecting major ports on the Pacific and Atlantic coasts. It is crossed by three major rivers in the Andean Valle del Rio Bermejo and is three and a half times the size of Hong Kong.

Agents Savills say that the region of Argentina in which the Estancia is located provides more than 25% of the national Gross Domestic Product, 30% of the national agricultural export, 45% of its cattle stocks and 80% of agricultural machinery production.

Source: PropertyWire.com